Question: Suppose a note contained this statement: This note is secured by a mortgage dated August 3 0 , 2 0 1 5 . What
Suppose a note contained this statement: "This note is secured by a mortgage dated August What result?
The mortgage would render the note nonnegotiable.
The reference to the mortgage would not affect the note's negotiability.
The reference to the mortgage would affect the note's negotiability, unless there was equitable consideration.
The reference to the mortgage would render the note absolutely nonnegotiable.
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